Montrose Environmental Group, Inc.

Montrose Environmental Group, Inc. is an environmental services company, which engages in the provision of air measurement and environmental laboratory services. The firm operates through following segments: Assessment, Permitting and Response, Measurement and Analysis, and Remediation and Reuse. The Assessment, Permitting and Response segment provides scientific advisory and consulting services to support environmental assessments, environmental emergency response and recovery, toxicology consulting and environmental audits and permits for current operations, facility upgrades, new projects, decommissioning projects, and development projects. The Measurement and Analysis segment tests and analyzes air, water, and soil to determine concentrations of contaminants as well as the toxicological impact of contaminants on flora, fauna, and human health. The Remediation and Reuse segment provides clients with engineering, design, implementation and operations and maintenance services, primarily to treat contaminated water, remove contaminants from soil or create biogas from waste. The company was founded in 2012 is headquartered in North Little Rock, AR.

Earnings data Q1 2021

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Montrose Environmental Group excels in 2022, eyes growth opportunities

MEG's strong performance in 2022, driven by organic growth and client relationships, positions them well for future success.
Challenges include the transition of CTEH's revenue focus and potential economic impacts on acquisition strategy.
Opportunities lie in strategic acquisitions, synergies between Montrose and CTEH, and continued growth in key service areas.

Montrose Environmental Group, Inc. reports strong Q1 performance and eyes growth opportunities in greenhouse gas management

Montrose Environmental Group, Inc. delivered a strong Q1 2023 performance with solid revenue growth, margin improvements, and strategic acquisitions, supported by regulatory tailwinds.
The company's focus on operational efficiency, financial stability, and market adaptability underscores its resilience and growth potential in a dynamic business environment.
Despite facing challenges in maintaining margins and navigating market uncertainties, Montrose Environmental Group, Inc. remains well-positioned to capitalize on growth opportunities and drive long-term value creation.
With a strong balance sheet, diversified service offerings, and a focus on sustainability, the company is poised to leverage market opportunities and drive continued success in the future.

Montrose Environmental Group reports robust Q2 earnings and growth opportunities

Montrose Environmental Group, Inc. demonstrates strong performance with revenue of $159.1 million and adjusted EBITDA of $21.2 million, driven by organic growth and strategic acquisitions.
The company's focus on regulatory adaptability, technological advancements, and revenue synergies positions it for sustained growth in environmental services.
Challenges in managing SG&A costs and maintaining emergency response margins require strategic cost management and operational efficiency.
Opportunities lie in expanding market presence, leveraging expertise, and innovating in software for environmental data measurement and analysis.

Montrose Environmental Group reports strong Q3 performance and bullish outlook

MEG's Q3 2023 earnings call highlighted robust financial performance, strategic growth initiatives, and a positive outlook for the company's future trajectory.
Strong revenue growth, improved adjusted EBITDA margins, and a focus on regulatory opportunities position MEG well in the environmental services sector.
Challenges lie in managing margin expectations, integration complexities, and navigating regulatory impacts, while opportunities exist in expanding market presence and driving innovation.
Overall, MEG's performance underscores its resilience, financial stability, and potential for sustained growth in a competitive and evolving industry landscape.

Montrose Environmental Group reports record 2023 performance and projects strong 2024 growth

MEG's strong 2023 performance was driven by record revenue, adjusted EBITDA growth, and regulatory tailwinds, with a positive outlook for 2024.
Despite challenges in certain segments and tough comparables in Q1, MEG's focus on advisory services, acquisitions, and cash flow conversion positions it well for growth.
Opportunities lie in continued expansion of advisory services, regulatory trends, acquisitions, and maintaining strong cash flow conversion rates.
Overall, MEG's strategic focus on growth, innovation, and financial performance sets a promising trajectory for the upcoming year.

Montrose Environmental Group reports robust Q1 performance and growth outlook

Montrose Environmental Group (MEG) showcased strong financial performance and strategic positioning in Q1 2024.
While facing industry challenges and uncertainties, the company's focus on growth opportunities and operational efficiency bodes well for the future.
With a solid foundation, diverse service offerings, and a positive outlook, Montrose is poised for continued success and expansion in 2024.
The company's adaptability, focus on high-margin services, and anticipation of revenue growth highlight a promising trajectory for investors.

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Montrose Environmental Group, Inc. (MEG) CEO Vijay Manthripragada on Q1 2021 Results - Earnings Call Transcript

IRVINE, Calif.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced results for the first quarter ended March 31, 2021. First Quarter 2021 Highlights Total revenue of $133.8 million increased 119.3% compared to the prior year quarter. Net loss of $11.6 million compared to a net loss of $41.2 million in the prior year quarter. Net loss for first quarter 2021 was primarily due to non-cash fair value adjustment expenses. Adjusted EBI

Montrose Environmental Group Announces First Quarter 2021 Results

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IRVINE, Calif.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) announced today that the Company has entered into a new sustainability-linked credit agreement. Under the terms of the credit agreement (the New Credit Facility), the lenders agreed to extend credit to the Company in the form of a term loan, in an aggregate principal amount of $175 million (“Term Loan”), and a revolving credit facility, in an aggregate principal amount of $125 mi

Montrose Environmental Group Announces New Sustainability-Linked Credit Facility

IRVINE, Calif.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) announced today that it will issue its first quarter 2021 earnings release on Wednesday, May 12, 2021, after the close of trading on the New York Stock Exchange. You are invited to participate in the Company's conference call hosted by senior management on May 12, 2021 at 5:00 PM EST to discuss the Company's first quarter financial results. Their prepared remarks will be followed

Montrose Environmental Group Announces Timing of First Quarter 2021 Results

This small company provides critical environmental assessment, remediation, and analysis type services across the world. The company has seen rapid growth and will continue to do so, as they serve a critical need.

Montrose Environmental: The World Is A Mess, Here Is One Way To Benefit From Clean Up

Montrose Environmental Group, Inc. (MEG) CEO Vijay Manthripragada on Q4 2020 Results - Earnings Call Transcript

IRVINE, Calif.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced results for the fourth quarter and full year ended December 31, 2020 and provided its full year 2021 outlook. Full Year and Fourth Quarter 2020 Highlights 2020 revenue of $328.2 million increased 40.4% compared to the prior year. Fourth quarter revenue of $108.7 million increased 60.2% compared to the prior year quarter. 2020 Net loss of $57.9 million compared to

Montrose Environmental Group Announces Strong Fourth Quarter and Full Year 2020 Results

IRVINE, Calif.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) announced today that it will issue its fourth quarter and full year 2020 earnings release on Wednesday, March 24, 2021, after the close of trading on the New York Stock Exchange. You are invited to participate in the Company's conference call hosted by senior management on March 24, 2021 at 5:00 PM EST to discuss the Company's fourth quarter and full year financial results. Their

Montrose Environmental Group Announces Timing of Fourth Quarter and Full Year 2020 Results

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IRVINE, Calif.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) announced today that the Company will attend the 23rd Annual Needham Growth Conference to be held virtually on Monday, January 11, 2021. Prior to Montrose's attendance at this conference, the Company will post a copy of the presentation it intends to use in the Investors section of its website. About Montrose Montrose is a leading environmental services company focused on support

Montrose Environmental Group to Attend 23rd Annual Needham Growth Conference

IRVINE, Calif. & ORLANDO, Fla.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced the acquisition of MSE Group (“MSE”), a leading provider of environmental assessment, compliance, engineering, and design services primarily to the U.S. federal government. MSE's leadership team, including President Miyoung Squire, will join Montrose, and the business will be integrated with the Company's Remediation and Reuse Segment. Terms of the

Montrose Environmental Group Acquires MSE Group

Montrose (MEG) saw a big move last session, as its shares jumped nearly 9% on the day, amid huge volumes.

Montrose (MEG) in Focus: Stock Moves 8.7% Higher

Montrose's mission is to help clients and communities meet their environmental and sustainability goals and needs. Montrose's revenues have grown by a CAGR of 28% over the past 5 years, while EBITDA has expanded even faster due to efficiency synergies amid multiple acquisitions.

Montrose Environmental: A Rapidly Growing Small Cap To Capitalize On The Growing ESG Trend

IRVINE, Calif.--(BUSINESS WIRE)--(November 24, 2020) – Montrose Environmental Group, Inc. (the “Company” or “Montrose”) (NYSE: MEG) announced today the pricing of the previously announced underwritten secondary offering by certain of the Company's stockholders, including funds managed by Oaktree Capital Management, L.P. (the “Selling Stockholders”), of 4,920,052 shares of the Company's common stock, at a price of $27.25 per share (before underwriting discounts and commissions). The Selling Stoc

Montrose Environmental Group Announces Pricing of Secondary Offering

IRVINE, Calif.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company” or “Montrose”) (NYSE: MEG) announced today that certain of the Company's stockholders, including funds managed by Oaktree Capital Management, L.P. (the “Selling Stockholders”), intend to offer for sale in an underwritten secondary offering 4,920,052 shares of the Company's common stock. The Selling Stockholders will also grant the underwriters a 30-day option to purchase up to an additional 738,012 shares of comm

Montrose Environmental Group Announces Secondary Offering of Shares

IRVINE, Calif.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced results for the third quarter ended September 30, 2020 and an updated full year 2020 outlook. Third Quarter 2020 Highlights Total revenue of $84.7 million increased 47.0% compared to the prior year quarter Net loss of $30.7 million compared to a net loss of $6.7 million in the prior year quarter, primarily due to non-cash fair value adjustments and non-capitalizab

Montrose Environmental Group Announces Third Quarter 2020 Results

IRVINE, Calif,--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) announced today that it will issue its third quarter 2020 earnings release on Thursday, November 12, 2020, after the close of trading on the New York Stock Exchange. You are invited to participate in the Company's conference call hosted by senior management on November 12, 2020 at 5:00 PM EST to discuss the Company's third quarter financial results. Their prepared remarks will be

Montrose Environmental Group Announces Timing of Third Quarter 2020 Earnings Release and Conference Call

IRVINE, Calif.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) announced today that the Company has closed on the repricing of its $175 million term loan facility. The interest rate spread on the term loan was reduced by 50 basis points to LIBOR, with a 1.00% floor, plus 4.50%, compared to the prior rate of LIBOR, with a 1.00% floor, plus 5.00%. The interest rate on the Company’s revolving credit facility was unchanged at LIBOR plus 3.5% and

Montrose Environmental Group Announces Successful Repricing of Term Loan

IRVINE, Calif.--(BUSINESS WIRE)--Montrose Environmental Group, Inc.

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Montrose Environmental Group Announces Second Quarter 2020 Results

Montrose Environmental Group Announces Timing of Second Quarter 2020 Earnings Release and Conference Call

Montrose Environmental Group: Interesting IPO

Montrose Environmental Group Inc.  priced its initial public offering at $15 a share, the low end of its range, selling 10 million shares to raise $150 million.

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